LITIAN PICTURES (09958) Shareholder Deposits Shares into KGI Asia, Valued at HK$5.55 Million

Stock News01-26

According to the latest information from the Hong Kong Stock Exchange, on January 23, a shareholder of LITIAN PICTURES (09958) deposited shares into KGI Asia, with a deposited market value of HK$5.55 million, accounting for 6.94% of the holding.

On January 14, LITIAN PICTURES announced that, after the trading session on January 14, 2026, the company proposes to place up to 72 million placement shares to no fewer than six placees through a placing agent, at HK$0.20 per placement share.

Assuming all placement shares are fully subscribed, the net proceeds are expected to be approximately HK$14 million, which are intended to be used as the Group's general working capital.

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